NHL Trade Rumors: Canadiens eye September 1 deadline to finalize Carey Price contract move

The Montreal Canadiens could finally be closing the book on Carey Price’s contract, and the latest insider chatter suggests a move might come as soon as Sept. 1. According to TVA Sports’ Jean-Charles Lajoie, general manager Kent Hughes is exploring a deal that would send Price’s $84 million contract to a Western Conference team — with draft picks potentially being included to sweeten the return.

Why the Canadiens are motivated to move Carey Price’s contract before the season

The Canadiens are currently more than $5.9 million over the salary cap, and with Price’s contract still on the books despite him being on long-term injured reserve, Hughes is under pressure to find cap relief. Trading Price’s deal not only clears financial space but also positions Montreal to be more flexible at the trade deadline.

Lajoie explained the situation on social media, writing: “#CH fans, be on the lookout. The costly September 1st will see C Price's contract move elsewhere. K Hughes is reportedly willing to trade picks, especially in the first round, to add a natural center to his roster. A complex but effective deal, just like the GM likes, is in the making. The Western Conference is one to watch... And it's all very exciting! 25-26 will be a fascinating season!!”

Carey Price’s legacy and what this move means for Montreal’s rebuild

Price, a former Vezina and Hart Trophy winner, last played on April 29, 2022, before a severe knee injury ended his career in all but name.

Though he hasn’t formally retired, he has remained on LTIR while the Canadiens continue their rebuild.The timing of this potential move is key. On Sept. 1, the Canadiens owe Price a $5.5 million signing bonus, leaving just $2 million in actual salary for the acquiring team. For a franchise looking to hit the salary-cap floor, his $10.5 million cap hit is valuable without being a major financial burden.Also Read: NHL Trade Rumors: Oilers may target All-Star goalie Michael DiPietro after back-to-back Cup Final lossesBy moving Price’s contract, the Canadiens can gain critical roster flexibility and possibly add a much-needed natural center, a move that could help stabilize their lineup in the long run.